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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Thursday, November 30, 2023

US Stock Market. 30th November 2023



The US stock market is poised to finish higher today, the 30th November, 2023 as part of the Christmas rally, according to Wolfteam Ltd.'s view.

The Personal Consumption Expenditure, the inflation gauge watched by the Federal Reserve eased more than expected, while core inflation also slowed down more than expected in Europe.

All this pushed the narrative and market forecasts into The Federal Reserve,The European Central Bank cutting interest rates earlier, which is very supportive for stocks, technology stocks, especially.

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